Vincentown, NJ
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




Highest
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Highest Appreciating Vincentown Neighborhoods Since 2000




Vincentown, NJ Real Estate Data

Source & Methodology

Analytics built by:   Location, Inc.

Raw data sources:   American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q1 2017. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2015 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more

Vincentown Housing Market Information

With a population of 23,725, 2,011 total housing units (homes and apartments), and a median house value of $307,585, Vincentown real estate prices are well above average cost compared to national prices.

Single-family detached homes are the single most common housing type in Vincentown, accounting for 90.82% of the town's housing units. Other types of housing that are prevalent in Vincentown include mobile homes or trailers ( 5.97%), row houses and other attached homes ( 1.89%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 1.13%).

Owner-occupied, three and four bedroom dwellings, primarily in single-family detached homes are the most prevalent type of housing you will see in Vincentown. Owner-occupied housing accounts for 92.58% of Vincentown's homes, and 67.11% have either three or four bedrooms, which is average sized relative to America.

There is a lot of housing in Vincentown built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Vincentown built between 1940-1969 ( 18.94%). A lesser amount of the housing stock also hails from before 1939 ( 6.66%). There's also some housing in Vincentown built between 2000 and later ( 5.96%).

Vincentown Home Appreciation Rates

Homes have actually lost value in Vincentown over the last then years, as home values have seen a decline of 20.98% during the ten year period. In the latest quarter, NeighborhoodScout appreciation rate data shows Vincentown home appreciation rates at 0.08%, which equates to an annual appreciation rate of 0.32%.

Over the last year, Vincentown appreciation rates have trailed the rest of the nation. In the last twelve months, Vincentown's appreciation rate has been 1.28%, which is lower than appreciation rates in most communities in America. In the latest quarter, NeighborhoodScout's data show that house appreciation rates in Vincentown were at 0.08%, which equates to an annual appreciation rate of 0.32%.

Relative to New Jersey, our data show that Vincentown's latest annual appreciation rate is lower than 70% of the other cities and towns in New Jersey.

One very important thing to keep in mind is that these are average appreciation rates for the town. Individual neighborhoods within Vincentown differ in their investment potential, sometimes by a great deal. Fortunately, you can use NeighborhoodScout to pinpoint the exact neighborhoods in Vincentown - or in any city or town - that have the best track record of real estate appreciation, by the latest quarter, the last year, 2 years, 5 years, 10 years, or even since 2000, to assist you in making the best Vincentown real estate investment or home purchase decisions.

Average Home Values

 

Median Home Value:
$307,585

Vincentown, NJ HOME PRICES

Value Range
> $1,042,000 0.7
$781,001 - $1,042,000 1.4
$521,001 - $781,000 3.6
$417,001 - $521,000 10.1
$312,001 - $417,000 23.3
$208,001 - $312,000 31.9
$104,001 - $208,000 17.5
$52,001 - $104,000 3.7
$0 - $52,000 7.8

Low for NJ
Very High for Nation

Value Relative to Nation Value Relative to State
15.7095980311731 60.5691056910569

Number Of Homes And Apartments:
2,011

Vincentown Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
NJ*
Compared To
America*
Latest Quarter:
2016 Q4 - 2017 Q1
Last 12 Months:
2016 Q1 - 2017 Q1
Last 2 Years:
2015 Q1 - 2017 Q1
Last 5 Years:
2012 Q1 - 2017 Q1
Last 10 Years:
2007 Q1 - 2017 Q1
Since 2000:
2000 Q1 - 2017 Q1
39.39% 1.94% 3 5
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,502 / per month

Homeownership Rate

Homeownership
Owners 92.58
Renters 7.42
Vacant 5.11

Housing Market Details

 

Age of Homes

AGE OF Vincentown HOMES
2000 or Newer 6.0
1970 - 1999 68.4
1940 - 1969 18.9
1939 or Older 6.7

Types of Homes

TYPE OF Vincentown HOMES
Single-Family 90.8
Townhomes 1.9
Small Apt. Buildings 1.1
Apt. Complexes 0.2
Mobile Homes 6.0
Other 0.0

Home Size

SIZE OF Vincentown HOMES
No Bedroom 0.88
1 Bedroom 0.33
2 Bedrooms 24.70
3 Bedrooms 34.71
4 Bedrooms 32.40
5 or more bedrooms 6.98